Company Registration No. 10006023 (England and Wales)
PlacesPlusFaces Limited
Unaudited accounts
for the year ended 31 March 2025
PlacesPlusFaces Limited
Unaudited accounts
Contents
PlacesPlusFaces Limited
Company Information
for the year ended 31 March 2025
Directors
Imran Bunjay Ciesay
Solomon Olumide Boyede
Company Number
10006023 (England and Wales)
Registered Office
Unit A
2 Leswin Place
London
N16 7NJ
UK
Accountants
KRT Accountants Limited
49 Station Road
Polegate
East Sussex
BN26 6EA
PlacesPlusFaces Limited
Statement of financial position
as at 31 March 2025
Intangible assets
4,506
5,759
Cash at bank and in hand
5,774
815
Creditors: amounts falling due within one year
(299,792)
(147,003)
Net current (liabilities)/assets
(4,076)
15,797
Called up share capital
2
2
Profit and loss account
428
21,707
Shareholders' funds
430
21,709
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 December 2025 and were signed on its behalf by
Imran Bunjay Ciesay
Director
Company Registration No. 10006023
PlacesPlusFaces Limited
Notes to the Accounts
for the year ended 31 March 2025
PlacesPlusFaces Limited is a private company, limited by shares, registered in England and Wales, registration number 10006023. The registered office is Unit A, 2 Leswin Place, London, N16 7NJ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Trademarks are being amortised evenly over their estimated useful life of five years.
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
4
Intangible fixed assets
Other
PlacesPlusFaces Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Accrued income and prepayments
-
47,787
Other debtors
193,942
54,198
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
10,000
Trade creditors
118,565
23,860
Taxes and social security
11,891
7,009
Other creditors
5,206
7,570
Loans from directors
76,515
48,432
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).